News

Deutsche Bank hires more commodities traders In Tokyo

Deutsche Bank is to add to its estimated 20 to 25 commodities specialists in Asia with the recruitment of new staff to be based in Japan. The move signals the German bank's intention to expand in the commodities sector as price rises for oil, nickel and copper coupled with continued low interest rates has lead to increased interest in the territory from investment banks.

F&C Asset Management buys data management platform from Citadel Associates

F&C Asset Management has chosen Citadel Associates' CADIS as its data management platform. The product was chosen following a search and selection process. "We are delighted that F&C has selected CADIS to build an Investment Solutions Layer for its Data Management function. We look forward to working closely with them and to building a long-term relationship with such a high profile client," says Jean Williams, CEO of Citadel Associates.

ICAP adds New Zealand dollar to EBS foreign exchange trading platform

ICAP wants to offer electronic trading in the New Zealand dollar around the globe. The inter-dealer broker is introducing the "Kiwi dollar" (NZD) to the EBS electronic spot FX trading platform as a tradable currency against the US dollar so traders can view the NZD tradable pair along with the other major dollar, euro and yen currency pairs, and precious metals, on the same screen.

Calypso attains Markit's first certified partner status

Calypso Technology, a provider of capital markets trading software solutions, yesterday announced that it has received Certified Alliance Partner status under Markit's certification program which was launched in January 2007. Calypso is the first provider of trading and trade processing solutions to successfully complete the certification program.

TABB Group expands to meet increasing customer demand

TABB Group, the financial markets research, advisory and crisis management firm with offices in New York, Massachusetts and Washington, D.C. announced today the addition of two research analysts and a sales director to meet current customer demands and position the company for continued growth in 2007 in the US and Europe.

KASB Bank implements Misys Equation across Pakistan

Misys Core Banking announces today that KASB Bank has completed the implementation of Misys Equation across its operations in 12 major cities in Pakistan . The solution, which was chosen over systems from Temenos and Systems Access, will accelerate the growth of KASB’s retail banking business and further enhance its customer relationships across the country, the software firm says.